Covington city: Homeownership Rate Trend
How Covington city's homeownership rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
68.3%
2023
65.3%
Total change
-3.0 pp
% change
-4.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 68.3% | — |
| 2019 | 69.4% | +1.1 pp (1.6%) |
| 2020 | 72.6% | +3.2 pp (4.6%) |
| 2021 | 69.0% | -3.6 pp (-5%) |
| 2022 | 64.2% | -4.8 pp (-7%) |
| 2023 | 65.3% | +1.1 pp (1.7%) |